{"id":40411,"date":"2022-03-25T13:39:20","date_gmt":"2022-03-25T13:39:20","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=40411"},"modified":"2022-03-25T13:39:20","modified_gmt":"2022-03-25T13:39:20","slug":"meituan-chinas-biggest-on-demand-delivery-provider-posts-wider-quarterly-loss-amid-regulatory-pressure","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=40411","title":{"rendered":"Meituan, China\u2019s biggest on-demand delivery provider, posts wider quarterly loss amid regulatory pressure"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostMeituan, operator of China\u2019s largest on-demand services platform, reported a wider net loss in the three months to December from a year ago, as revenue slowed for the third consecutive quarter amid Beijing\u2019s pressure to lower merchant fees and boost protection for delivery couriers.The Beijing-based company posted a net loss of 5.3 billion yuan (US$832 million) in the fourth quarter, 137.9 per cent higher than its 2.2 billion yuan loss in the same period in 2020, after it was slapped with a US\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3171917\/meituan-chinas-biggest-demand-delivery-provider-posts-wider-quarterly?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostMeituan, operator of China\u2019s largest on-demand services platform, reported a wider net loss in the three months to December from a year ago, as&hellip; <\/p>\n","protected":false},"author":0,"featured_media":40412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/40411"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40411"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/40411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/40412"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40411"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}